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Search: Posts Made By: Nicolas11

Forum: MultiCharts

January 12th, 2012, 05:12 AM

Replies: 14

Setting StopLoss in Easy Language via Variable1-99 (calculated live)

Views: 14,990

Posted By Nicolas11

OK. Personally, I would do something close to the...

OK. Personally, I would do something close to the following:

if MarketPosition = 1 {long trade on-going} then begin
Value1 = ( Close[BarSinceEntry+2] - Low[BarSinceEntry+1] ) * 100;
...

Forum: MultiCharts

January 12th, 2012, 04:40 AM

Replies: 14

Setting StopLoss in Easy Language via Variable1-99 (calculated live)

Views: 14,990

Posted By Nicolas11

Sorry if you have already clarified it, but... do...

Sorry if you have already clarified it, but... do you want a fixed stop loss (at such or such price) or a trailing stop loss (some ticks below recent price)?

Forum: MultiCharts

January 12th, 2012, 02:48 AM

Replies: 14

Setting StopLoss in Easy Language via Variable1-99 (calculated live)

Views: 14,990

Posted By Nicolas11

Hi, I think that Variable1 is calculated...

Hi,

I think that Variable1 is calculated again at each bar. So your stop loss changes at each bar according to current Open[1]-High, whereas you would like it to be fixed (is it what you want?).
...

Showing results 1 to 3 of 3

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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